The Ministry of Finance on Tuesday sold HRK 415 million in treasury bills at an interest rate of 0.06%.

Ahead of HRK 711 million in treasury bills maturing, the ministry offered HRK 400 million with a maturity date of one year.

Financial institutions submitted offers of a total value of HRK 415 million which the ministry accepted.

With the HRK 711 million in treasury bills maturing, the balance of subscribed kuna treasury bills has been reduced by HRK 296 million to HRK 16.76 billion.

The ministry announced that the next auction would be held on 17 November via the Bloomberg Auctions System.